Recent Updates — FLD
Fold Holdings, Inc. shareholders approved a proposal to amend the Certificate of Incorporation, granting the Board discretion to execute a reverse stock split at any ratio between 1-for-2 and 1-for-50. The measure passed with approximately 43.1 million votes in favor against 326 thousand opposed, exceeding the required two-thirds majority threshold. A related proposal to adjourn the meeting if necessary was also approved. Fold Holdings operates as a holding company focused on investments in technology and digital assets.
Fold Holdings, Inc. entered into a Common Stock Purchase Agreement with Roth Principal Investments, LLC on September 4, 2026, granting the company the right to sell up to $25 million of newly issued common stock at its sole discretion over a 36-month period following the effectiveness of a resale registration statement. The purchase price for shares will be based on the volume-weighted average price (VWAP) with discounts ranging from 3% to 5%, subject to a minimum share price threshold of $0.10 and Nasdaq rules limiting issuance to approximately 19.99% of outstanding shares without stockholder approval. The company must pay Roth Principal Investments an aggregate commitment fee of up to $500,000, withheld from purchase proceeds, and Compass Point Research & Trading a $50,000 fee for its role as qualified independent underwriter. Net proceeds are intended for product development, working capital, and general corporate purposes. Fold Holdings operates in the technology sector, focusing on foldable display hardware.
Fold Holdings, Inc. terminated its Equity Purchase Facility Agreement with an investor effective September 3, 2026. The facility had committed up to $250 million for the purchase of common stock, but no advance notices were outstanding at termination. The company incurred no prepayment fees or penalties and cites alternative financing options as the reason for termination. Additionally, the Board scheduled a special shareholder meeting for October 22, 2026, with a record date of September 4, 2026, to address matters previously disclosed in an August proxy statement. Fold Holdings operates in the financial services industry.
Fold Holdings, Inc. monetized $45 million of bitcoin at an average price of approximately $71,000 per bitcoin and used the proceeds to eliminate $20 million of bitcoin-collateralized debt. Fold Holdings, Inc. operates in the financial services industry and provides bitcoin-related services.